Suburb Profile Report for Moree NSW (2400)

Moree House: Median price $192,500, Annual capital growth 1.70%, Number of sales 163, Weekly median advertised rent $260

Moree Unit: Median price $160,000, Annual capital growth -14.44%, Number of sales 11, Weekly median advertised rent $245

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Moree has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -25.96% to date .

Over the longer term, Moree has seen property prices show investors a -16.30% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Moree is giving property investors an average Vendor Discount of around -9.97%. This puts suburb at number 45th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 1.70%, investors should hope to achieve an overall return of 7.02%

Over the last year, property investments in Moree, 2400 have given investors a capital gain of 0.00%. This compares badly with the 5.59% for NSW as a whole.

HOUSE UNIT
$192,500 $160,000
1.32% N/A
-25.96% 0.00%
1.70% -14.44%
$260 $245
163 11
7.02% 7.96%
118.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Moree NSW
Demographics
Total population 9346
Median household income ($/weekly) 1084
Median age of persons 36
Median housing loan repayment ($/monthly) 1324
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1272 13.6
    25-34 years 1224 13.1
    35-44 years 1295 13.9
    45-54 years 1227 13.1
    55-64 years 1030 11.0
    Others 3299 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 2702 45.2
    Not Married 2549 42.6
    Defacto Relationship 727 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7834 94.4
    Indonesia 47 0.6
    Papua New Guinea 68 0.8
    United Kingdom 86 1.0
    Other 66 0.8
    Others 196 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.3
    Christianity 7150 87.4
    Hinduism 43 0.5
    Other Religious Groups 16 0.2
    No Religion 918 11.2
    Others 24 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 10.3
    $600-$799 289 10.3
    $1,000-$1,249 284 10.2
    $1,250-$1,499 281 10.0
    $1,500-$1,999 332 11.9
    Others 1322 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2753 42.8
    Not in the labour force 2180 33.9
    Employed, worked part-time 989 15.4
    Unemployed, looking for work 270 4.2
    Employed, away from work 244 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 654 16.4
    Professionals 602 15.1
    Technicians & trades workers 545 13.7
    Clerical & administrative workers 570 14.3
    Labourers 424 10.6
    Others 1192 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 198 10.6
    Infants/Primary 776 41.5
    Secondary 514 27.5
    Technical or Further Educational Institution 210 11.2
    University or other Tertiary Institutions 135 7.2
    Others 36 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7122 88.3
    Flat, unit or apartment 575 7.1
    Semi-detached, row or terrace house, townhouse 294 3.6
    Caravan, cabin, houseboat 50 0.6
    House or flat attached to a shop, office 21 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1306 41.9
    Fully owned 903 29.0
    Being purchased 882 28.3
    Other tenure type 25 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals